$2,150,000

This 4.70-acre site zoned MFR-30 allows for up to 141 units. However, it may be possible (not guaranteed) to build up to 213 Congregate Senior Units, or up to 172 regular Senior apartment units as entitled for this property under an existing PUD (planned unit development). Existing AS-IS architectural designs and conceptual plans are included. Storm drain & city water are on site. The Main Entry on Table Rock Road, has large iron gates and mature landscaping. Direct access for construction will be from Midway Road only. Property is part of a Senior Retirement Campus located in North Medford, near bus lines, churches, shopping and city services. Land contour is flat and has surrounding views of mountains & neighborhoods. For a larger development, the adjoining 2.57-acre assemblage zoned MFR-20, Tax Lots 2100, 2200, 2300 and 2400 on Swing Lane, is also available from the same seller. A Third Phase is shown in the conceptual designs. Broker is part owner.